Apartment rentals have spiked 11% since 2018. The increase is in part due to Millennials not wanting to be tied down to lengthy mortgages. Others believe it is more affordable to rent than to buy.

There’s a good reason why a report found that by 2022, there will be 29 million connected devices. It’s almost impossible to navigate society these days without reliable internet and cellular service.

When you’re managing an apartment complex, one of the things you’ll have to decide is which utilities you want to include. Utilities for an apartment can cover everything from water, sewer systems, and electricity to security systems and landline phones. Which of these you cover and how well they work can have a big impact on both your renters and your bottom line.

According to the Department of Defense in the mid-1990s, over 300,000 houses on the base required significant renovation. However, the issue is that they could not afford the cost to modernize the home.

When you’re looking for a place to call home, it’s crucial to consider the surrounding environment as well. There are different characteristics associated with every neighborhood, be it degree of safety, physical appearance, crime rate, etc. While certain neighborhoods can lead to the decline of a home’s value, others such as gated communities, aid in resisting market trends and retaining their value over time.

Managed WiFi is the process by which one can outsource their WiFi to an external Internet Service Provider (ISP). It’s commonly used for shared spaces like office buildings, apartments, and student housing areas. For a business or residential community, having efficient WiFi is a necessity and not a luxury. Due to the prevalence of WiFi, most devices do not include an Ethernet port. As a result, reliable WiFi is a necessity for your business.

5G can be defined as the latest generation of cellular technology. Here at Converged Services, we offer consulting for you to find the best bulk video and Internet options for your residential communities. With our expertise, here’s a guide to the workings and implementation of 5G networks.

Related: What are Future-Proof Technologies to Look Out For?

A common question that property owners might ask is, “How much does a cell tower cost?” or “How much is my rooftop space really worth?” There is no definitive answer to this question. The cost of a cell tower depends on various factors that could affect the price. This typically includes location, population, and the cost of construction, not to mention network quality. But in order to have a high-quality signal, the cost is higher.

When it comes to the digital world, change is inevitable. While software engineers are helping businesses get ahead in product design, it’s now time for the housing industry and the world of communication to catch up. Technology advances constantly, and it has the potential to make residential areas safer and easier to administer. There are many ways that future-proof technology can do to improve the productivity and profitability of the housing industry.

Many property owners end up overpaying common utility bills, including electricity, natural gas, water, waste, or telecom. When left unchecked, any of these utility services can result in overage costs that leave your fees unnecessarily high.